Latest consumer price index shows grocery prices in the US are increasing — and they’re likely to keep going up.
The monthly consumer price index showed a 0.6% increase in March, the largest one-month increase in nearly a decade. nbcnews.to/3thTzL1
(1/4) #NBCNewsThreads
The monthly consumer price index showed a 0.6% increase in March, the largest one-month increase in nearly a decade. nbcnews.to/3thTzL1
(1/4) #NBCNewsThreads
Since February, fruits and vegetables have risen nearly 2% and the index for meats, poultry, fish and eggs have risen 0.4%, according to the government figures. (2/4)
The latest spike in grocery bills comes on the back of prices that had already risen during last year’s pandemic stockpiling and supply chain disruptions and never went down. (3/4)
Economists say costs from rising gas prices, a spike in commodity prices, increased imports by China, heavy midwest crop damage, and other factors are all getting passed on to retail consumers.
nbcnews.to/3mICI1D (4/4)
nbcnews.to/3mICI1D (4/4)
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